Sejong Adds 'Citizen Safety Insurance' Item... Coverage Up to 10 Million KRW

Coverage items and details of the 'Citizen Safety Insurance' subscribed by Sejong City. Provided by Sejong City

[Asia Economy (Sejong) Reporter Jeong Il-woong] Sejong City will add coverage items to its Citizen Safety Insurance. The number of coverage items will increase from the previous 6 to 8 this year.

The city announced on the 29th that it will add hit-and-run and uninsured vehicle injury death accidents to the coverage items of the '2020 Citizen Safety Insurance.'

Citizen Safety Insurance allows Sejong citizens to receive up to 10 million KRW in insurance benefits through an insurance company if they suffer death or aftereffects from various disasters or accidents.

All citizens registered as residents in Sejong (including registered foreigners) are eligible to enroll, and the city covers the entire insurance premium. Enrollment is automatic for all Sejong citizens without any separate procedures.

The main coverage items include ▲death caused by natural disasters ▲injury death and aftereffects caused by explosions, fires, collapses, or landslides ▲injury death and aftereffects while using public transportation ▲treatment costs for traffic accident injuries in school zones (under 12 years old) ▲hit-and-run and uninsured vehicle injury death and aftereffects.

Citizen Safety Insurance allows for overlapping compensation regardless of other insurance subscriptions, and accidents occurring during the subscription period can be claimed within 3 years by the insured or legal heirs to the insurance company. However, those under 15 years old are excluded from death benefits.

For more detailed information about Citizen Safety Insurance and compensation, inquiries can be made to the Korea Local Finance Association.

Kang Seong-gi, Director of the Citizen Safety Office of the city, said, “Citizen Safety Insurance is a system designed to alleviate citizens' anxiety when they face unexpected disasters or accidents and to support the livelihood stability of affected citizens,” adding, “The city will continue to actively promote various safety policies for citizen safety.”

This content was produced with the assistance of AI translation services.